American Flag Football League Sells Dallas Team, Plans Women’s League
The American Flag Football League has sold a third franchise, in Dallas, joining Boston and Las Vegas as privately owned teams, according to AFFL founder Jeff Lewis. The…
Team Sale
India Women’s Cricket Nets Half Billion in Sales of Five Teams
The five teams in India’s new women’s cricket league sold for more than $572 million at auction in Mumbai. Three owners of men’s Indian Premier League (IPL) teams—the…
Cutting Timbers Ties May be Tricky for the NWSL’s Portland Thorns
When the Portland Thorns made their debut as one of the NWSL’s eight inaugural clubs in 2013, their shared ownership with Merritt Paulson’s MLS side, the Portland…
Exclusive
NWSL Narrows Expansion Search to Boston, Tampa and San Francisco
The NWSL is choosing between three cities for its 14th expansion team, according to people close to the sale process. Groups from Boston, Tampa and San Francisco are…
From Bezos to Ryan Reynolds, $16 Billion in Teams Are Stoking Buyers
Scarcity brings desirability. Consider: there are some 2,700 billionaires in the world. That’s an elite group, but every one of them could own an apartment overlooking…
NWSL Faces Murky Expansion Market in Wake of Yates Report
Among the fallout from the Sally Yates-led investigation into women’s soccer—and the NWSL in particular—is the possibility of changes in ownership for as many as three…
PHF’S Toronto Six Sold as League Continues Move to Single-Team Ownership
The Premier Hockey Federation’s Toronto Six has been sold by its Boston-based ownership group, BTM Partners, to a group of the league’s first BIPOC and Canadian…
Washington Spirit Sell for Record $35 Million to Michele Kang
The reigning NWSL champion Washington Spirit has sold for a record $35 million to Y. Michele Kang, according to people familiar with the deal, marking the end of a long…
NWSL’s D.C. Spirit Sale: ‘Coup, Lies’ Baldwin Says in Letter
The contentious dispute over the sale of the Washington Spirit women’s soccer team grew even more heated Wednesday, as the NWSL team’s controlling owner, Steve Baldwin…
Boehly, Kang Standoff Over D.C. Team Sale Heads to League Office
The sale of the NWSL’s Washington Spirit took another abrupt turn this week, lengthening a saga that began with a league-altering abuse scandal before turning to…
Prime
Cubs ‘Disguised Sale’ Leads to Tax Court Loss for Tribune Media
The U.S. Tax Court recently resolved a multiyear and multifaceted dispute between Tribune Media and the Internal Revenue Service over a tax return filed more than a…
Atlanta Dream’s Loeffler Out After Sale to Real Estate Exec, Former WNBA Star
Larry Gottesdiener, chairman of real estate private equity firm Northland; former Dream star Renee Montgomery; and Northland president and COO Suzanne Abair have…
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